第三章西方股利理论对高派现行为的解释本部分主要从股利信号传递理论、代理成本理论、一鸟在手理论、追随者效应理论等西方股利理论的角度来对高派现行为进行解释。
The third chapter used the western dividend theories to explain this problem , such as signaling hypothesis , Agency Cost Hypothesis , Bird-in-the-hand Theory , Clientele Effect .
追随者效应理论